Tuesday, 11 February 2020

SBI CARDS IPO INFORMATION.

The Securities and Exchange Board of India (SEBI) has given its in-principle approval for the initial public offering (IPO) of SBI Cards and Payment Services, a subsidiary of the country's largest lender state bank of India.

The company is likely to raise approximately Rs 5,500-6,000 crore through its IPO, sources said, adding that the IPO would value the company at approximately Rs 55,000-60,000 crore.

SBI Cards is likely to launch its IPO towards the end of February.

As per the DRHP filed with SEBI in November last year, the public issue comprises a fresh issue of Rs 500 crore and an offer for sale of up to 13,05,26,798 equity shares.

The offer for sale includes up to 3,72,93,371 equity shares by SBI and up to 9,32,33,427 equity shares by CA Rover Holdings.

SBI Cards intends to use the proceeds of the fresh issue for augmenting its capital base to meet future capital requirements.

State Bank of India holds a 74 percent stake in SBI Cards and the rest is held by CA Rover Holdings, an affiliate of Carlyle Asia Partners IV.



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72 comments:

  1. Anonymous11 February 2020 at 22:22

    Hello sir should we apply for the ipo? Also the should we buy irctc and dmart at this levels?

    ReplyDelete
    Replies
    1. Raj Dattani11 February 2020 at 22:28

      IRCTC and dmart buy on dips if your view is long term

      Yes definitely subscribe

      Delete
  2. Anonymous11 February 2020 at 22:29

    Sir, if I buy sbi share tomorrow, canning apply under shareholder category?

    ReplyDelete
  3. D S Rathore11 February 2020 at 22:39

    Sir, should I hold raneholding shares as i purchased it @ 780 but price is going down. Please suggest.

    ReplyDelete
  4. Anandam11 February 2020 at 22:55

    IPO news impact on SBI ?

    ReplyDelete
  5. D P DATTANI11 February 2020 at 23:07

    TNX U RAJBHAI SBI IPO INFO

    ReplyDelete
  6. Unknown11 February 2020 at 23:44

    Sir some long term share batay please

    ReplyDelete
  7. Unknown11 February 2020 at 23:46

    Sir can we hold rane brake

    ReplyDelete
  8. Unknown11 February 2020 at 23:54

    Dear Sir
    I want to trade only in one Segment. Can you pls suggest which one will be safe for trading.

    ReplyDelete
  9. Anonymous12 February 2020 at 00:00

    Hi Raj sir
    Please share Your views for Tcs and L&T for feb series.
    As i have taken position @2165 and @1294
    If possible then please share approx target and stoploss

    Thanks

    ReplyDelete
  10. Anonymous12 February 2020 at 00:41

    Hello Sir,
    I am holding cupid@239 and himatsinka@131
    Please share your view about this ot suggest something

    ReplyDelete
    Replies
    1. Raj Dattani12 February 2020 at 11:37

      If your view is of 3-6 months than hold on otherwise exit

      Delete
  11. Hiren12 February 2020 at 08:16

    Your view about jhonsonscontrol long term buy

    ReplyDelete
  12. Shah12 February 2020 at 08:36

    Hi,
    Can u share your views on CPSE ETF as I have invested at the rate of 24.70

    ReplyDelete
  13. Muki12 February 2020 at 08:56

    Hello raj

    Whats ur view on suppetro & mothersumi

    I am holding since one year and can hold for more ...
    is it worth it to hold more my cost is above 260 for both...

    ReplyDelete
    Replies
    1. Raj Dattani12 February 2020 at 11:35

      Suppetro I am not tracking

      Mother sumi if your view is long term than hold if your view is short term than exit

      Delete
  14. KRUNAL RATHOD12 February 2020 at 09:12

    Sir.. I m trading in cash market as per your tip. I read your rules where mention that it is future base tip. Can I follow your tip in cash market also ?

    ReplyDelete
  15. Mahavir12 February 2020 at 10:06

    Sir mere pass 50heg 1225 ke he sir hold y'all sell

    ReplyDelete
  16. JVP12 February 2020 at 11:17

    Bought cupid at 252rs..Should I wait for up move or exit?What will be target?

    ReplyDelete
  17. Anshit12 February 2020 at 11:38

    1. Sir view on pel
    2. Can we average bajholding at 3800

    ReplyDelete
    Replies
    1. Raj Dattani12 February 2020 at 13:52

      Pel if hold 1500 than good

      Bajaj holding just hold on what you are holding it is strong fundamental stock

      Delete
  18. kshitij12 February 2020 at 16:49

    Sir,
    Your view on MGL what target should I expect in next 1 Year.
    Bought 200 shares @ 800 @ what price should I start selling

    ReplyDelete
  19. Primesales12 February 2020 at 20:45

    Hello Brother want to buy Pfizer or JK cement can u please give your valuable feed back with both TG for short to medium term... thank you

    ReplyDelete
    Replies
    1. Raj Dattani12 February 2020 at 22:14

      Yes you can buy on dips both are strong fundamental stock

      Delete
  20. Trade13 February 2020 at 15:53

    Hello Sir,

    Was waiting for your long term pick:-). Can you please suggest?

    ReplyDelete
  21. Nitesh13 February 2020 at 15:59

    Sir
    Bought bajaj holding @3760 and sold @ 3875
    Made good profit
    Stop loss was bulls eye
    Shall i buy again tomorrow and what sud b the stop loss now??

    ReplyDelete
  22. Ravi13 February 2020 at 16:46

    Hello Raj Sir,

    I have brought AKZO India @ 2240 couple of months ago. Now a days i see momentum. Will it sustain what target can be possible in couple of weeks.

    ReplyDelete
    Replies
    1. Raj Dattani13 February 2020 at 20:34

      Keep Sl of 2140 and hold keep trailing your sl

      Delete
  23. Venug13 February 2020 at 17:24

    Raj Sir
    I made a huge loss of 75 lakhs in share market choosing wrong shares trading in future and option. I am trying to recover the loss by doing only in Long terminvestment
    Can you suggest some of the shares which give good return in the next 6 months Like Johnson control, Bajaj holding etc..

    Please support sir,

    ReplyDelete
    Replies
    1. Raj Dattani13 February 2020 at 17:30

      If you want to invest big amount of money than always choose strong fundamental stock

      For you I can recommend Britannia ; hdfc amc ; Bajaj holding ; WHIRLPOOL

      Some risky bets CEAT and Tata elxsi

      Buy this on dips

      This are very good fundamental stock

      Always make your own research I have just shared my personal view

      Delete
    2. Raj Dattani13 February 2020 at 17:30

      Note - this are not for 6 months this are for long term 2-3-5 years

      Delete
  24. Nitesh13 February 2020 at 17:42

    Sir
    Made 5k by Buying bajaj holding @ 3755 and sold @3875
    Ur sl was bulls eye
    Thank u so much
    Can i buy again tomorrow mrng and wat sud b new sl??

    ReplyDelete
  25. Surrsh18 February 2020 at 17:16

    Sir your view on apollotyre brought @152 can I get profit tomorrow thanks sir

    ReplyDelete
  26. Sk nair20 February 2020 at 18:18

    Hi sir, can we add zeel for long term?
    Seems promoters are released pledged shares?

    ReplyDelete
    Replies
    1. Raj Dattani7 March 2020 at 20:25

      Zeel I am Saying from 450 levels to sell and exit

      For long term buy only strong fundamental stock

      Delete
  27. Unknown7 March 2020 at 20:05

    Sir i buy sbi share 250 @293 rs
    What i hold and sell this share what do¡

    ReplyDelete
    Replies
    1. Raj Dattani7 March 2020 at 20:24

      If your view is long term than hold if your view is short term than exit on rise

      Delete
    2. Unknown8 March 2020 at 16:27

      Ipo tak sbi 293 ki aayega ya nahi

      Delete
    3. Raj Dattani8 March 2020 at 17:07

      Possible

      Delete
  28. Unknown7 March 2020 at 20:07

    I want buy yes bank 10000 share
    What situation is correct for long term

    ReplyDelete
    Replies
    1. Raj Dattani7 March 2020 at 20:24

      It is hero or zero game not a long term investment

      So take your decision if you want to play hero or zero than you can buy

      But for long term investment buy only strong fundamental stock

      Delete
    2. Unknown8 March 2020 at 16:28

      Which stock buy for long term purpose

      Delete
    3. Raj Dattani8 March 2020 at 17:07

      Kotak bank

      Delete
  29. Unknown9 March 2020 at 22:53

    Spice jet at 63 buying 300 shares , 3-6 months holding time..ur view sir

    I m Murali

    ReplyDelete
    Replies
    1. Raj Dattani10 March 2020 at 00:19

      SPICEJET major support at 59 if close below that than exit Otherwise hold on now it's near it's support

      When all corono virus effect will be over it can give you good returns

      Delete
    2. Raj Dattani10 March 2020 at 00:20

      SPICEJET major support at 59 if close below that than it can be weak but When all corono virus effect will be over it can give you good returns

      Delete
  30. Unknown20 March 2020 at 11:40

    Hello sir... thanks for your guidance
    I have federal bank of 1500 shares at 94 rs
    South Indian bank 2000 shares at 23 rs
    Plz let me know wht will be the best...hold or sell?

    ReplyDelete
    Replies
    1. Raj Dattani20 March 2020 at 17:14

      Exit on rise and shift to better fundamental stock

      In bank Kotak bank is good

      Delete

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